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MEXC Dominates 2024 Perpetuals Surge, Secures Top 5 Global Ranking

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VICTORIA, Seychelles, April 2, 2025 /CNW/ — MEXC, a leading global cryptocurrency exchange, experienced a substantial rise in perpetual futures trading volume throughout 2024. According to CoinGecko’s latest annual report, MEXC captured the highest market share in perpetual trading and open interest (OI) volume among all centralized exchanges.

Key Takeaways:

MEXC’s share of perpetual trading volume increased from 3% to 11% in 2024.The exchange’s OI market share doubled in Q4 2024, leading all competitors.MEXC entered the top five exchanges, with the total annual perpetual trading volume reaching $58.5 trillion.

MEXC’s share of the perpetual futures market grew from just 3% at the start of 2024 to 11% by year-end — a notable achievement driven by the platform’s deep liquidity, competitive fee structure, and innovative trading features. This performance placed MEXC among the top five centralized perpetual exchanges, collectively recording $58.5 trillion in trading volume for the year. This makes 2024 the most active year in the history of futures trading on the crypto market.

Throughout the year, MEXC showed steady growth across key metrics. Its perpetual trading volume share nearly quadrupled, while its OI market share doubled by Q4. The exchange’s strong focus on listing the most trending and in-demand tokens, combined with low fees in both futures and spot trading, has made it a go-to option for many traders worldwide.

The exchange received additional recognition from institutional reports such as TokenInsight, which stated the exchange captured the largest market share among centralized exchanges in February 2024, earning it a spot among the top 5 exchanges in overall market share. By identifying trends faster than its competitors, MEXC continues to strengthen its position among top-tier exchanges.

MEXC’s substantial growth in perpetual trading and open interest volume market share demonstrates the exchange’s emerging role as a major force in the cryptocurrency derivatives market. According to CoinDesk data, the exchange also captured the largest market share among centralized exchanges in February 2024, securing a place in the global top five for overall trading volume.

These achievements, supported by the platform’s comprehensive token offerings and methodical approach to capturing market trends, position MEXC as a key player in driving the evolution of cryptocurrency trading. MEXC remains dedicated to enhancing its platform, expanding its offerings, and upholding the highest standards of security and user experience.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X Telegram |How to Sign Up on MEXC

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Sling Pilot Academy Opens Location at Historic Santa Monica Airport

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SANTA MONICA, Calif., April 28, 2025 /PRNewswire/ — Sling Pilot Academy proudly announced the grand opening of its newest location at Santa Monica Airport, further advancing its mission to modernize and decarbonize flight training. Aviation industry leaders, sustainability advocates, and local officials gathered on Thursday to celebrate the occasion and introduce the innovative “Whisper Sling” aircraft — designed with community compatibility and environmental responsibility in mind.

 

The Santa Monica campus represents a major step forward in creating the next generation of pilots while addressing key community concerns: quieter operations, unleaded aviation fuel, and dramatically reduced carbon emissions. Each Whisper Sling flight avoids around 100 pounds of CO₂ emissions per flight hour compared to traditional flight training aircraft.

Sling Pilot Academy co-CEOs welcomed guests and presented the Whisper Sling, followed by a series of keynote speeches from distinguished aviation industry figures.

Distinguished Speakers Included:

Erin Youngs, Pilot Pathways Manager, SkyWest Airlines

Scott Burgess, President, Eco-Aviation Foundation

Miles Rogers, Global Marketing, Archer Aviation

Phil Derner, Western Region Director, National Business Aviation Association (NBAA)

Ben Marcus, Founder, UP Partners

“Today’s event represents not just a celebration of a new facility, but a new future for sustainable aviation training that provides a pathway for local area residents to a lucrative career in aviation as an airline pilot” said Matt Liknaitzky, Sling Pilot Academy Co-CEO. “We’re excited to inspire the next generation of aviators while being deeply mindful of the communities we serve.” The expansion into Santa Monica adds to Sling Pilot Academy’s existing presence across Southern California, with thriving campuses at Torrance Airport, Gillespie Field in San Diego, Long Beach Airport, and now Santa Monica.

About Sling Pilot Academy:
Founded in 2011, Sling Pilot Academy is one of the fastest-growing flight schools in the nation, offering comprehensive pilot training from Private Pilot Licenses to Airline Transport Pilot certification. Using the cutting-edge Sling NGT and Whisper Sling aircraft, the Academy delivers superior safety, efficiency, and a commitment to sustainability.

For more information about programs and enrollment opportunities, visit Sling Pilot Academy.

Media contact: jay.price@slingpilotacademy.com

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Avnet AI Tech Days Empower Singapore’s AI Ambitions

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Event in Singapore to Showcase Latest AI Solutions and Expertise, Supporting National Growth Goals

SINGAPORE, April 29, 2025 /PRNewswire/ — Building on Singapore’s growing leadership in artificial intelligence (AI), fueled by strategic initiatives like the S$150 million Enterprise Compute Initiative and the National AI Strategy 2.0, Avnet Asia is set to power this progress at its upcoming AI Tech Day – Shaping the Future of AI on May 14, 2025. At this event, attendees will gain actionable insights into deploying the latest AI technologies, forge valuable connections with industry leaders, and discover how Avnet can accelerate their AI journey.

This event will feature Avnet’s comprehensive ecosystem of cutting-edge AI solutions, developed through close collaboration with a robust ecosystem of industry leaders, including AMD, Infineon, LITE-ON, Micron, Molex, MPS, Nichicon, NXP, STMicroelectronics, Supermicro, Taoglas, and Yageo Corporation. Attendees will have the opportunity to witness live demonstrations and static displays showcasing the latest AI innovations from Avnet’s design services team and its strategic partners. Alongside these collaborations and demonstrations, the event will also showcase Avnet’s sister companies, Tria and element14.

“Avnet is excited to host Avnet AI Tech Days – Shaping the Future of AI,” said Tan Aik Hoon, Regional President, Avnet South Asia and Korea. “Our collaboration with industry leaders aligns perfectly with Singapore’s ambitious National AI Strategy. We are committed to providing the technologies and expertise needed to empower local businesses and drive the nation’s success in the global AI arena.”

A key highlight of the Avnet AI Tech Day in Singapore will be the invaluable insights shared by prominent figures shaping Singapore’s AI landscape. Guest speakers Laurence Liew, Director of AI Innovation at AI Singapore, and Dr. Nyan Myo Naing, Senior Specialist & Senior Lecturer at the Autonomous Technology Innovation Centre (ATIC), Nanyang Polytechnic, who will both bring significant authority and practical expertise to the event. Their presentations will complement a comprehensive display of advanced AI infrastructure and platform technologies, expertly curated by Avnet to accelerate AI integration across various key sectors.

Laurence Liew, Director of AI Innovation at AI Singapore and a key architect of the national AI strategy, will keynote on “Building an AI-First Nation: Empowering Businesses with Singapore’s Leading AI Initiatives,” bringing his perspective from over 30 years of technology leadership and his pivotal role in initiatives like 100 Experiments (100E) and AI Apprenticeship Programme (AIAP).  Adding a crucial practical dimension to the Avnet AI Tech Day will be Dr. Nyan Myo Naing, Senior Specialist and Senior Lecturer at Nanyang Polytechnic. Dr. Naing, who has extensive expertise in AI, deep learning, computer vision, and deploying AI on edge computing devices, will present on “Real-Time Edge AI: Deploying Smart Algorithms and Streaming Pipelines for Industrial-Grade Performance.” His direct experience in delivering AI solutions for numerous industrial projects within Singapore brings a real-world perspective to the event, offering attendees actionable knowledge on implementing advanced AI in industrial settings.

Avnet’s commitment to understanding and addressing the evolving needs of the AI market is further emphasized by its recent Avnet Insights survey. The findings reveal a strong global optimism regarding AI’s impact on product development, with a significant percentage of engineers already integrating AI into their designs. Notably, Singapore is proactively leveraging its infrastructure and talent to adopt AI across diverse industries. The survey also identifies key challenges such as security, privacy, and data quality, highlighting the importance of the solutions and expertise Avnet and its partners will present at the Avnet AI Tech Day. Download the full Avnet Insights whitepaper here.

“The findings of our recent global Avnet Insights survey underscore Avnet’s commitment to equipping our customers to navigate the complexities of AI development. We are dedicated to providing the necessary tools, technologies, and expertise to succeed in this exciting new era of AI-powered innovation. Avnet will leverage our deep expertise and extensive network to unite leading suppliers, innovative customers, and a strong partner ecosystem, ensuring we collectively unlock AI’s transformative potential across Southeast Asia,” concluded Tan.

The Avnet AI Tech Day offers exclusive access to industry insights and networking opportunities with key semiconductor, technology, and business decision-makers. Engineering professionals from tech manufacturing companies may register their interest to participate here.

Our valued partners will showcase their latest innovations, including these highlights, at the Avnet AI Tech Day in Singapore:

AMD: AMD will showcase its comprehensive portfolio of high-performance computing solutions driving advancements in AI across various applications, from cloud infrastructure to edge devices and endpoint solutions. Their exhibit will highlight the capabilities of their advanced GPUs, CPUs, NPUs, and FPGAs in powering demanding AI workloads.

Infineon: Infineon will showcase the PSOC™ Edge Vision Demo, highlighting human detection using AI/ML on the PSOC™ Edge E84 with a USB camera. This demonstration illustrates the seamless integration of AI/ML capabilities with hardware, offering an efficient platform for advanced human detection in applications such as smart homes and buildings.

LITEON: LITEON will present its state-of-the-art power supply, emphasizing its high power efficiency and various features. This power supply supports GREEN initiatives and offers potential for AI-enabled applications.

Micron: Micron will feature the Micron 6550 ION SSD, the world’s first 60TB PCIe Gen5 data center SSD. This product is engineered to deliver unparalleled performance, energy efficiency, and density, making it ideal for addressing the growing demands of AI workloads in AI data lakes, high-performance computing (HPC), big data, and analytics environments.

Molex: Molex will exhibit its EXTreme Ten60 Power connectors and High-Speed Pluggable Solutions, providing the robust power distribution and high-bandwidth connectivity crucial for AI applications like servers and data centers. Additionally, they will display the Molex Mirror Mezz Connectors, which offer efficient board-to-board communication suitable for AI hardware requiring high-performance processing in compact spaces.

MPS: MPS will showcase its latest innovation, the MPC24380, the Highest Power Density Module for AI GPUs and TPUs. This module addresses the challenges of increasing power requirements for AI processors by integrating output caps and utilizing a thermally efficient DrMOS-on-top approach with extremely low ThetaJT for improved heat transfer.

Nichicon: Nichicon will showcase its advanced capacitor solutions, including aluminum, hybrid, polymer capacitors, and SLB products. The demonstration will highlight their high-performance, space-saving designs and enhanced durability, making them suitable for applications in smart meters, IoT, automotive, and industrial sectors.

NXP Semiconductors: NXP Semiconductors (NASDAQ: NXPI) will present its role as a trusted partner for innovative solutions across the automotive, industrial & IoT, mobile, and communications infrastructure markets. Their “Brighter Together” approach combines leading-edge technology with pioneering people to develop system solutions that enhance the connected world’s quality, safety, and security.

STM: STM will feature the STM32N6 microcontroller (MCU) series, their most powerful to date and the first to integrate the Neural-ART Accelerator (NPU). This new series delivers a 600-fold increase in machine-learning performance compared to current high-end STM32 MCUs, enabling advanced machine-learning capabilities at the edge for applications like computer vision, audio processing, and sound analysis in both consumer and industrial domains.

Super Micro Computer, Inc. (SMCI): Supermicro will present its capabilities in empowering AI-driven solutions for enterprise, retail, and edge server deployments. A key product on display will be the AS -1115S-FWTRT, a 1U, short-depth system leveraging AMD’s EPYC series processors and capable of supporting a single double-width NVIDIA L40S GPU, offering customers flexibility in core counts and GPU capacity. Supermicro is a Total IT Solution Provider for AI/ML, HPC, Cloud, Storage, and 5G/Edge.

Taoglas: Taoglas will highlight how antennas and Ethernet magnetics are becoming the essential connectivity backbone for edge computing and AI, ensuring robust, low-latency data transmission. Their presentation, “The Backbone of Connectivity,” will showcase groundbreaking innovations designed to support digital infrastructure.

YAGEO: Yageo will highlight its commitment to delivering high-quality passive component solutions designed to meet the evolving demands of AI across various industries worldwide. They will introduce the latest key applications of Yageo passive components in emerging technologies.

About Avnet

As a leading global technology distributor and solutions provider, Avnet has served customers’ evolving needs for more than a century. Through regional and specialized businesses around the world, we support customers and suppliers at every stage of the product lifecycle.  We help companies adapt to change and accelerate the design and supply stages of product development. With a unique viewpoint from the center of the technology value chain, Avnet is a trusted partner that solves complex design and supply chain issues so customers can realize revenue faster.  Learn more about Avnet at www.avnet.com.

Avnet Asia Media Contact

Seraphina Wee
Corporate Communications and Public Relations Manager, Asia Pacific
Seraphina.wee@avnet.com

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OutSystems AI-Powered Low-Code Advances ARTHALAND’s Real Estate Sustainability

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Using OutSystems, ARTHALAND has integrated its core systems, enhancing operational efficiency and advancing sustainable development in the Philippines

MANILA, Philippines, April 29, 2025 /PRNewswire/ — ARTHALAND, the only real estate developer in the Philippines with a 100% sustainable residential and commercial portfolio certified by both local and global organizations, has chosen OutSystems, a global leader transforming how companies innovate through software, to deliver transformative digital solutions. Leveraging AI-powered low-code, ARTHALAND is rapidly developing and deploying enterprise-grade applications to optimize operational efficiency, while supporting its mission to deliver 100% sustainable developments of the highest quality and innovation.

As the Philippines commits to decarbonization by 2030, the need for sustainable urban development is accelerating, opening up opportunities for urbanization businesses like ARTHALAND to drive smarter, greener solutions. Yet, despite rising market expectations, ARTHALAND faced challenges with resource constraints, vendor dependency, and fragmented systems, hindering innovation and scalability.

By reducing development time to three months per application using OutSystems, ARTHALAND developed NAVIS BY ARTHALAND, a suite of purpose-built mobile and web applications unifying the company’s previously isolated Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM) systems. These applications enable seamless data and workflow integration, including:

NAVIS BY ARTHALAND for Sales: Automatically generates real-time computation sheets with multiple payment options to enhance sales efficiency and customer experience.NAVIS BY ARTHALAND for Customers: Provides property buyers with a centralized platform to manage transactions, browse properties, access digital payments, and retrieve property documents and details.NAVIS BY ARTHALAND for Brokers: Digitizes and streamlines broker accreditation with easy applications, secure document submission, and real-time status tracking, eliminating paperwork delays and ensuring up-to-date accreditation status.Rewards System: Transparent, structured incentive program that converts successful broker sales into redeemable points to enhance broker engagement.Handover: A quality assurance tool that efficiently ensures unit deliveries meets ARTHALAND’s stringent quality benchmarks by streamlining inspection, documentation, and issue resolution.

“At ARTHALAND, our mission is to be a world-class, pioneering property company, crafting boutique, sustainable, and exceptional developments that enrich life at home, work, and in our communities. We chose OutSystems because true innovation demands speed, flexibility, and sustainability. With its AI-powered low-code agility, we craft powerful, enterprise-grade solutions faster than ever, reducing development waste and optimizing resources. This isn’t just about technology — it’s about creating a greener, smarter, and more connected world, where every digital transformation aligns with our unwavering commitment to sustainability and excellence,” said Gerard Vincent Casanova, Head of Information and Business Technology at ARTHALAND.

The adoption of OutSystems has provided significant outcomes for ARTHALAND,  particularly in speeding up iterations and prototyping. Additionally, with the cloud-based workflows enabled by OutSystems, ARTHALAND is championing a 360-degree approach to sustainability, optimizing resource usage and reducing energy consumption during development.

“ARTHALAND’s success demonstrates how organizations can develop profitable real estate developments while upholding their responsibility to the environment. OutSystems AI-powered low-code has enabled them to simplify complex processes and advance their transformative goals. We are proud to partner with ARTHALAND in their mission to enhance lives in the Philippines through building sustainable legacies,” said Arnold Consengco, Regional Vice President, South East Asia and Greater China Region at OutSystems.

Moving forward, ARTHALAND plans to continue leveraging OutSystems to expand its suite of applications by developing a one-stop supplier portal and upgrading NAVIS BY ARTHALAND for Customers to include vendor offerings. AI-powered solutions are planned to be embedded across all applications to drive operational efficiency and scalability, empowering ARTHALAND to enhance the lives of the Philippine population through impactful, sustainable developments.

Discover more about OutSystems AI-powered low-code.

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About OutSystems

OutSystems is a global leader transforming how companies innovate through software, empowering IT leaders with a better way to build the software that matters most. The OutSystems platform helps companies develop, deploy, and maintain mission-critical applications by unifying and automating the entire software lifecycle. With OutSystems, organizations leverage generative AI to deliver software instantaneously, adapt faster to changing requirements, and reduce technical debt by building on a future-proof platform. Helping customers achieve their business goals by addressing key strategic initiatives, OutSystems delivers software up to 10x faster than traditional development. Recognized as a leader by analysts, IT executives, business leaders, and developers around the world, global brands trust OutSystems to tackle their impossible projects and turn their big ideas into software that moves their business, people, and the world forward.

Founded in 2001, the company’s network spans more than 800,000 community members, over 500 partners, and active customers in 75+ countries across 21 industries. Learn more at www.outsystems.com.

 

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